United Kingdom
United States
Asia Pacific
Bill Gates buys Four Seasons Houston
The richest man in America is putting on a cowboy hat and coming to Texas.
An investment company headed by Microsoft founder Bill Gates is buying the Four Seasons Hotel in downtown Houston in a transaction scheduled to close October 1.
Gates’ Cascade Investments already owns a piece of parent company Four Seasons Hotels and Resorts, in partnership with Kingdom Holding Company and Triples Holdings.
Downtown Houston, including a 1,000-room Marriott Marquis convention center hotel, and occupancy rates are at about 70%.
Maritz, Wolff & Co. paid $104 million for the AAA Five-Diamond-rated Four Seasons Houston in 2000; the sale price has not been revealed.
Microsoft held its annual conference in Houston this summer.
With a net worth of $72 billion, Gates can afford to upgrade the property, whose TripAdvisor reviews include the word "tired."
Cheryl
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
Abercrombie & Kent hails $500 million funding boost
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Gatwick braces for strike
Co-pilot faints, easyJet flight issues ‘red alert’